| Cost of Living | Guayaquil |
| Apartment Rentals | Rent for a one-bedroom apartment in the city center can range from $400 to $800 per month, while a three-bedroom apartment can range from $700 to $1,500 per month. Outside of the city center, rent can be as low as $200 per month for a one-bedroom apartment. |
| Apartment Purchases | The cost of purchasing an apartment in Guayaquil can range from $50,000 to $200,000, depending on the size and location. |
| Transportation | Public transportation in Guayaquil is inexpensive and efficient. A one-way ticket on the bus or metro costs around $0.25. Taxis are also available and the cost of a ride is around $2.50. |
| Groceries | The cost of groceries in Guayaquil is relatively low. A loaf of bread costs around $1.50, a liter of milk costs around $1.50, and a dozen eggs costs around $2.50. |
| Restaurants | The cost of eating out in Guayaquil is relatively inexpensive. A meal at a mid-range restaurant costs around $10 per person. |
| Utilities | The cost of utilities in Guayaquil is relatively low. The average cost of electricity, water, and gas is around $50 per month. |
| Private School Tuition | The cost of private school tuition in Guayaquil varies depending on the school and the grade level. Preschool tuition can range from $200 to $400 per month, elementary school tuition can range from $400 to $800 per month, middle school tuition can range from $600 to $1,200 per month, and high school tuition can range from $800 to $1,500 per month. |
Monthly Budget for Retirees in Guayaquil
“The cost of living in Guayaquil is generally considered to be lower than other more developed cities. Groceries, housing and entertainment expenses tend to be among the most affordable in the region. Public transportation in the city is also quite reasonable, as are medical costs and other miscellaneous services. While prices may be slightly higher in more touristic areas, generally Guayaquil offers an excellent value in regards to cost of living,” said one expat living in Guayaquil, Ecuador.
Can I live in Guayaquil on $1,500 a month?
“I’ve been living in Guayaquil for a while now, and I can tell you that it’s definitely possible to live comfortably on $1,500 a month, but you’ll have to make some sacrifices and adjustments to your lifestyle. First, you’ll need to find an affordable neighborhood to live in. Some of the more affordable neighborhoods in Guayaquil include Alborada, Sauces, and Ceibos. These areas offer a good mix of safety, accessibility, and affordability. On the other hand, you might want to avoid more expensive neighborhoods like Samborondón, Puerto Santa Ana, and Urdesa, as the cost of living there can be significantly higher.When it comes to housing, you can find a decent apartment for around $300 to $500 a month in the more affordable neighborhoods. Keep in mind that these apartments might not have all the modern amenities you’re used to, like air conditioning or a dishwasher, but they should be comfortable enough for you to live in. Utilities, including electricity, water, and internet, will likely cost you around $100 to $150 a month.As for transportation, you can save money by using public transportation, which is quite affordable in Guayaquil. A monthly pass for buses costs around $30, and taxis are also relatively inexpensive. If you prefer to have your own vehicle, you’ll need to factor in the cost of gas, insurance, and maintenance, which can add up quickly.When it comes to food, you can save money by shopping at local markets and cooking at home. Eating out can be affordable if you stick to local restaurants and avoid more expensive, touristy areas. A meal at a local restaurant will usually cost you around $3 to $5, while a meal at a more upscale restaurant can cost $10 or more.In terms of entertainment and leisure activities, there are plenty of affordable options in Guayaquil. You can visit local parks, museums, and cultural centers for free or at a low cost. However, if you’re used to frequenting high-end bars, clubs, or other expensive entertainment venues, you’ll need to cut back on those activities to stay within your budget.Overall, living comfortably on $1,500 a month in Guayaquil is possible, but you’ll need to be mindful of your spending and make some adjustments to your lifestyle. By choosing an affordable neighborhood, cutting back on expensive entertainment, and cooking at home more often, you can make it work,” commented an expat living in Guayaquil.
Can I live in Guayaquil on $3,500 a month?
“I’ve been living in Guayaquil for a while now, and I can tell you that it’s definitely possible to live comfortably on $3,000 a month, even if you’re used to modern amenities. However, there are some sacrifices you might have to make to ensure you stay within your budget. For example, you might have to cut back on dining out at high-end restaurants or limit your shopping sprees at expensive stores. When it comes to housing, there are several affordable neighborhoods in Guayaquil that you can consider. Some of the more budget-friendly areas include Alborada, Sauces, and Ceibos. These neighborhoods offer a good mix of residential and commercial areas, so you’ll have access to supermarkets, pharmacies, and other essential services. Rent for a decent apartment in these areas can range from $300 to $600 per month, depending on the size and amenities.On the other hand, if you’re looking for more upscale neighborhoods, you might want to check out Samborondón or Puerto Santa Ana. These areas are known for their luxurious homes, high-end shopping centers, and fine dining options. However, the cost of living in these neighborhoods is significantly higher, so you might have to make some adjustments to your budget if you choose to live there. Rent for an apartment in these areas can range from $800 to $1,500 per month or even higher.In terms of transportation, you can save money by using public transportation like buses or taxis instead of owning a car. The public transportation system in Guayaquil is quite reliable and affordable, with bus fares costing around $0.30 per ride and taxis charging around $3 to $5 for short trips within the city.As for groceries and other household expenses, you can save money by shopping at local markets and supermarkets instead of high-end grocery stores. The cost of groceries in Guayaquil is generally lower than in the US or Europe, so you should be able to maintain a comfortable lifestyle without breaking the bank.Overall, living in Guayaquil on a $3,000 per month budget is doable, but you’ll need to be mindful of your spending habits and make some sacrifices to ensure you stay within your budget. By choosing an affordable neighborhood, using public transportation, and shopping at local markets, you can enjoy a comfortable lifestyle in this vibrant city,” said one expat living in Guayaquil.
Can I live in Guayaquil on $5,000 a month?
“I’ve been living in Guayaquil for a while now, and I can tell you that it’s definitely possible to live comfortably on $5,000 a month, especially if you’re used to modern amenities. In fact, you might even find that you can enjoy a higher standard of living here than you would in many other places.One of the first things you’ll want to consider is where you want to live. There are some neighborhoods that are more expensive than others, so you’ll want to avoid those if you’re trying to stick to a budget. For example, Samborondón and Puerto Santa Ana are known for being upscale areas with higher prices, so you might want to look elsewhere if you’re trying to save money.On the other hand, there are plenty of affordable neighborhoods that still offer a great quality of life. Some of the more popular ones among expats include Urdesa, Ceibos, and Miraflores. These areas have a good mix of housing options, from apartments to houses, and you can find something nice for a reasonable price. Plus, they’re close to shopping centers, restaurants, and other amenities that you might be used to.As for sacrifices, you might find that some things are a bit different than what you’re used to. For example, public transportation isn’t as reliable or efficient as it might be in other countries, so you might want to consider getting a car if you don’t already have one. Additionally, while there are plenty of modern amenities available, you might find that some things, like high-speed internet or certain imported products, are more expensive than you’re used to.However, there are also a lot of benefits to living in Guayaquil. The cost of living is generally lower than in many other places, so you’ll be able to enjoy a comfortable lifestyle without breaking the bank. Plus, the city has a vibrant culture and a beautiful natural setting, with the Guayas River and the Pacific Ocean nearby, so there’s always something to do or see.Overall, I think you’ll find that living in Guayaquil on $5,000 a month is not only possible but also quite enjoyable. Just be prepared to make a few adjustments and be open to exploring different neighborhoods to find the one that’s right for you,” commented an expat living in Guayaquil.
